Daily News Update

A tidal energy company has been granted €1 million (£0.89m) by the EU to support its turbine development programme.

SIMEC Atlantis and its supply chain partner Asturfeito SAU will use the funding to take the MeyGen project forward with a specific focus on the turbine upgrades needed to utilise the subsea hub and shared export cable.

Drew Blaxland, Director of Turbine and Engineering Services of SIMEC Atlantic Energy said: “The AR1500 turbine installed at the MeyGen project in 2017 marked the first commercial scale turbine installed in a tidal array. Following this successful deployment and record breaking operation of the AR1500 turbine, we now look to the future and where opportunities to reduce the LCOE [Levelised Cost of Energy] exist.

“This grant agreement and support from the Sustainable Blue Economy call allows us to accelerate one of our key LCOE cost reduction initiatives.”